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By Reidar Visser (www.historiae.org)
28 June 2009
"The atmosphere of the January local elections
revealed unambiguous support for a centralist and nationalist agenda among the
Iraqi public, and it is this agenda that is perceived by many as being
challenged by the procedures of the first licensing round. Iraqis ask themselves
why so many deals have to be cut, for such a long period, and in such a rush.
Many question whether Iraq, with some of the worlds biggest energy reserves,
should really have to resort to what some observers describe as a panic-induced
stop-gap measures for the Iraqi economy. Is it not the case that the IOCs will
always be interested in Iraq given the size of its reserves, and that in a
worst-case scenario globalising state oil companies from China to Brazil would
be perfectly happy to step in to do technical-service work should the oil majors
become exasperated? These are themes from the current Iraqi debate that could
become a lot more pronounced as the 2010 parliamentary elections come closer and
Iraqi political parties begin their attempts to make capital of the rising
nationalist trend that was highlighted in the January local elections."
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Iraq: Govt plays hardball over oil contracts :
( Posted on 2009-07-03 )
INDEPENDENT: By Patrick Cockburn
.BAGHDAD - Iraq is locked in a struggle with the world's largest oil companies over contracts that would see "Big Oil" return to the Iraqi oilfields for the first time in almost 40 years.
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Iraq stands firm, rejects foreign oil deals:
( Posted on 2009-07-03 )
AFP: Iraq on Wednesday said it has rejected further offers from foreign companies to work in the country's oil and gas sector and pledged that some sites will instead be solely exploited by state-owned firms. Skip related content
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Flop to some Iraq oil sale may be victory to others:
( Posted on 2009-07-02 )
By Suadad al-Salhy and Ahmed Rasheed
BAGHDAD, July 1 (Reuters) - To oil executives, Iraq's first auction of energy contracts since the U.S. invasion was a giant flop. To Iraqis, basking in a renewed sense of sovereignty and nationalism, it may turn out l
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Iraq Moves Up Next Round of Bidding for Oil Fields:
( Posted on 2009-07-02 )
BAGHDAD --online.wsj.com, The Iraqi oil ministry announced it will move up a second round of licensing bids for 11 oil and natural-gas fields that was to be held at the end of this year.
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Iraqi Cabinet approves BP's offer on Rumaila:
( Posted on 2009-07-01 )
BAGHDAD (AP) - The Iraqi government has approved an offer submitted by a consortium led by British giant BP PLC to develop the 17.8 billion barrel Rumaila oil field in the south.
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On Day of Auctions to Develop Fields, the Country Strikes Just One Deal:
( Posted on 2009-07-01 )
BAGHDAD, June 29 -- Iraq's effort to woo foreign energy companies to help resurrect its ailing oil fields fell flat Tuesday, as most companies balked at the financial terms offered by the government despite the lure of the country's vast reserves.
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Iraq asks oil firms to resubmits bids for fields:
( Posted on 2009-07-01 )
BAGHDAD, June 30 (Reuters) - Iraq's oil minister on Tuesday asked international oil firms bidding for oil contracts to reconsider their proposals for fields the Oil Ministry had yet to strike deals on.
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Iraq's Zubair field draws 4 bids:
( Posted on 2009-06-30 )
(AP:BAGHDAD) Iraq's oil minister said Tuesday four groups of international oil firms have submitted bids to develop Iraq's 4.1 billion barrel Zubair oil field, while only one bid has been received for another cluster of three fields with over 2.6 billion
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Baghdad preparing to bid on multibillion-dollar oil and gas deals Tuesday:
( Posted on 2009-06-30 )
By Hassan Hafidh
Of DOW JONES NEWSWIRES
BAGHDAD (Dow Jones)--International oil companies, seeking stakes in the world's most lucrative oil and gas industry, are in Baghdad preparing to bid on a series of multibillion-dollar oil and gas deals Tues
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Iraqi oil licensing round started with awarding BP huger Rumaila field:
( Posted on 2009-06-30 )
By SINAN SALAHEDDIN
Associated Press Writer
(AP:BAGHDAD) Iraq's long-awaited licensing round to develop some of its massive oil reserves stumbled Tuesday as oil and gas companies dug in their heals, demanding more money for their efforts than the govern
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BP Consortium wins Iraq contract:
( Posted on 2009-06-30 )
ameinfo.com
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Iraq wrestles with corruption so deep it is strangling reconstruction:
( Posted on 2009-06-29 )
By Patrick Cockburn,nzherald.co.nz:In Iraq corruption is pervasive at every level.
"Corruption exists all over the world but is at its worst here," laments Ateej Saleh Midhat, a 26-year-old employee of the state-owned Rafidain Bank.
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(AFX UK Focus) 2009-06-28 12:05 UPDATE 1-Sandstorm delays start to Iraq oil tenders :
( Posted on 2009-06-28 )
BAGHDAD, June 28 (Reuters) - Iraq has postponed the first day of highly anticipated tenders for eight major oil and gas fields due to a thick sandstorm that engulfed Baghdad on Sunday, the Oil Ministry said.
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The First Licensing Round Gets off the Ground: The Politics of Oil in Iraq:
( Posted on 2009-06-28 )
By Reidar Visser (www.historiae.org)
28 June 2009
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Chinese Oil Giant Makes Offer for Rival:
( Posted on 2009-06-27 )
N.Y. TIMES: The giant Chinese oil company Sinopec made a $7.22 billion takeover bid on Wednesday for the international oil and gas exploration company Addax Petroleum
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Japan firms likely get Iraq oil field deal -paper:
( Posted on 2009-06-27 )
Reuters: TOKYO, June 26 - A group of three Japanese companies, led by Nippon Oil Corp <5001.T>, is in the final stage of talks with Iraq to win the development contract for Iraq's huge Nassiriya oilfield, a Japanese newspaper reported on Friday.
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Oil firms to scramble for Iraq deals on live TV:
( Posted on 2009-06-27 )
REUTERS: DUBAI - The secretive world of Middle East oil deals will be thrown open in Baghdad next week when a contract auction is broadcast live, shining a spotlight on big oil dealmakers that prefer to stay behind the scenes.
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Iraq oilmin grilled by lawmakers for second time:
( Posted on 2009-06-27 )
REUTERS: BAGHDAD, June 25 - Iraq's oil minister faced critical lawmakers for a second time on Thursday over his plans to dole out contracts next week allowing foreign firms to develop some of Iraq's most promising oil and gas fields.
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Occidental to Seek Iraq Partners If First Bid Fails (Update2):
( Posted on 2009-06-27 )
June 25 (Bloomberg) -- Occidental Petroleum Corp., the fourth-biggest U.S. oil company by market value, may buy stakes in Iraq projects led by other producers if it fails to win a contract in the war-torn countrys first round of bidding.
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Up for bid at Iraq oil auction: Uncertainty:
( Posted on 2009-06-26 )
BAGHDAD - More than three decades after they were booted from the country by Saddam Hussein, international oil companies are poised for a return to Iraq where next week they will bid for a slice of the country's vast crude reserves.
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Bomb kills 13 and wounds 45 in Baghdad:
( Posted on 2009-06-26 )
(Reuters) - A bomb killed at least 13 people and wounded 45 when it exploded in an industrial area of Baghdad Friday, just four days before U.S. combat troops are due to withdraw from Iraqi cities and towns.
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Iraqi oil minster faces lawmakers:
( Posted on 2009-06-24 )
BAGHDAD, June 23 (UPI) -- The oil minister in Iraq faced tough questions before lawmakers Tuesday over the first round of oil field auctions since the U.S.-led invasion in 2003
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Iraq Says May Earn 100 Times More Than Oil Companies (Update1) :
( Posted on 2009-06-24 )
June 23 (Bloomberg) -- Iraq, holder of the worlds third- largest oil reserves, will earn 100 times more than international companies that develop some of its largest crude deposits, Oil Minister Hussain al-Shahristani said.
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Iraq oil min defends oil deals before parliament:
( Posted on 2009-06-24 )
BAGHDAD, June 23 - Iraqi Oil Minister Hussain al-Shahristani defended to sceptical lawmakers on Tuesday plans to award the first major energy contracts since the 2003 U.S. invasion, saying Iraq stood to earn almost $2 trillion on them
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Iraq: Kurds demand oil bidding round be annulled:
( Posted on 2009-06-24 )
BAGHDAD (AP) - Iraq's self-ruled Kurdish region has branded Baghdad's energy contracts due to be awarded at the end of this month as "unconstitutional" and demanded they be annulled.
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